Insights

September 20, 2022

General Memo on Doing Oil Business in Iran

Legal and regulatory framework applicable to operate an oil business in Iran. In brief, The Iranian oil and gas legal framework contains a series of critical […]

September 24, 2022

Creating and registration of a company in Iran

According to Iranian regulations, non-Iranian natural and legal entities can establish companies in Iran and hold up to 100 percent of the shares of the Company. […]

April 28, 2023

Competition Litigation guide in iran 2023

1 Legal framework 1.1 Which laws regulate competition in your jurisdiction? For many years, Iran did not have specific competition legislation. However, certain provisions on competition […]

May 9, 2023

Oil & Gas Laws and Regulations Iran 2023

Iran holds the world’s second-largest natural gas reserves. The natural resources are estimated at 133 trillion cubic metres (116.5 trillion cubic feet), of which 33% is associated gas and 67% is in non-associated gas fields. According to the National Iranian Gas Company (NIGC) report, national gas production in Iran increased by 4 billion cubic metres in 2022 at a pace of roughly 840–850 million cubic metres per day.